Petroleum Geo-Services ASA (OTCMKTS:PGSVY) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research raised shares of Petroleum Geo-Services ASA from a “sell” rating to a “hold” rating in a research report on Thursday, December 28th.

Shares of Petroleum Geo-Services ASA (OTCMKTS:PGSVY) opened at $2.60 on Friday. Petroleum Geo-Services ASA has a 12-month low of $1.40 and a 12-month high of $3.40. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $939.06, a PE ratio of -1.68 and a beta of 1.83.

TRADEMARK VIOLATION NOTICE: “Petroleum Geo-Services ASA (PGSVY) Cut to Strong Sell at ValuEngine” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this report on another site, it was stolen and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://theolympiareport.com/2018/02/11/petroleum-geo-services-asa-pgsvy-cut-to-strong-sell-at-valuengine-2.html.

About Petroleum Geo-Services ASA

Petroleum Geo-Services ASA (PGS) is a marine geophysical company. The Company provides a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. Its segments are Marine Contract and MultiClient. The service lines within the Marine segment include Marine Contract, MultiClient pre-funding, MultiClient late sales, Imaging and Other.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Petroleum Geo-Services ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petroleum Geo-Services ASA and related companies with MarketBeat.com's FREE daily email newsletter.